When the net present value method is used, the internal rate of return is the discount rate used to compute the net present value of a project. O True O False One strength of the simple rate of return method is that it takes into account the time value of money in computing the return on an investment project. O True O False A weakness of the internal rate of return method for screening investment projects is that it O does not consider the time value of money O implicitly assumes that the company is able to reinvest cash flows from the project at the company's discount rate. O implicitly assumes that the company is able to reinvest cash flows from the project at the internal rate of return. O does not take into account all of the cash flows from a project